Tsc Auto Id Technology Co., Ltd. · TPEX:3611
Tsc Auto Id Technology — Q3 2020 Earnings Presentation
33 slides from Tsc Auto Id Technology's earnings presentation, Nov 20, 2020
Slide 1: TSC Auto ID Technology 3Q20 Conference Call
TSC Auto ID Technology 3Q20 Conference Call Code: 3611 TT © 2020 All Rights Reserved. TSC Printronix Auto ID. Confidential and proprietary.
Slide 2: Agenda
Agenda 01 3Q20 Financial Results 02 Operation Overview 03 Market Trend & Products 04 Q&A
Slide 3: Disclaimer
Disclaimer 免責聲明 TSC Auto ID Technology and its subsidiaries have no intention and undertake no obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law. 簡報所提供之資訊可能含有前瞻性敘述，實際結果可能與這些 前瞻性敘述大不相同。簡報資料中所提供之資訊並未明示或暗 示
Slide 4: 01 3Q20 Financial Results
01 3Q20 Financial Results
Slide 5: 3Q20 Performance
3Q20 Performance Net Revenue New high and marking the 4th consecutive growth month Operating Expense Executing cost reduction and saved NT$ 38M yoy Operating Income Exceeding +4.8% yoy, reached NT$ 270M Earnings per Share Delivered EPS NT$ 4.51, +NT$ 0.25 yoy
Slide 6: Monthly Revenue - 2020
Monthly Revenue - 2020 NT$ millions $600 $530 $515 Feb – China $484 $481 Pandemic $474 $462 M ay– US/EU/Asia $434 Pandemic $419 $400 Jun – beginning of $386 $364 consecutive growth Sep – higher revenue than 2019 Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Slide 7: Revenue Contribution - Product
Revenue Contribution - Product Consolidated / qoq Barcode Printer Labels Service & Others 42% 54% 48% 34% 10% 12% 1H20 3Q20 1H20 3Q20 1H20 3Q20
Slide 8: 3Q20 Operation Results
3Q20 Operation Results NT$ millions -20 (-1%) +13 +1.1ppts $1,478 $558 $269 $1,458 37.8% $533 20.4% 18.1% $256 18.4% 36.5% -$25 +$38 17.4% +13% -1.3 ppts $264 $302 3Q19 3Q20 3Q19 3Q20 3Q19 3Q20 3Q19 3Q20 Net Revenue Gross Profit OPEX Operating Income Attributed to Taiwan Dollar Managed expense well
Slide 9: Revenue Contribution - Region
Revenue Contribution - Region Barcode printer only / yoy N.A. EMEA CHINA Rest of World 25% 20% 30% 33% 25% 27% 21% 20% 3Q19 3Q20 3Q19 3Q20 3Q19 3Q20 3Q19 3Q20
Slide 10: Revenue and Income
Revenue and Income NT$ millions -$20 +10 Ta i w a n d o l l a r (-1%) (+6%) appreciation +6% $1,478 $192 y o y, r e s u l t i n g l o w e r $1,458 sales, -1% yoy $181 Net income exceeded 3Q19 by +6% Printers & Labels generated income, 3Q19 Printer Label 3Q20 3Q19 Printer Label 3Q20 r e s p e c
Slide 11: Financial Summary
Financial Summary Accumulated / yoy change NT$ millions Total Current Total Cash Flow Asset Debt Ratio Asset Liability +213 +232 +60 -40 -1.1% 1,100 3,000 6,700 M 3,600 54.7%
Slide 12: Cash Flow & Resource Use
Cash Flow & Resource Use NT$ millions +$213 (+23%) 增加 212 764 減少 -94 -425 $1,134 -104 $921 -94 -46 Cash Cash from CapEx Borrowing Dividend paid Banking & Tax Others Cash Jan 1st 2020 Operations Fin. activities Sep 30th 2020
Slide 13: 02 Operation Overview
02 Operation Overview
Slide 14: Operation Overview
Operation Overview We do not provide financial outlook Economic responses to Coronavirus Pandemic vary worldwide, we are cautiously optimistic to our business activity Continue on Taiwan Dollar appreciation will have negative impact on gross profit Gross margin rate is improving through a fa
Slide 15: Revenue Trend
Revenue Trend NT$ millions $6,000 $5,857 CAGR 17% 2010 ~ 2019 2015 acquired Printronix Thermal/AIDC Business $4,000 $3,925 $3,706 2019 acquired $3,437 Diversified Labeling Solutions Inc., (DLS) $2,659 $2,441 $2,104 $2,000 $1,806 $1,676 $1,406 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Slide 16: EPS Trend
EPS Trend NT$ Dollar $20 $17.9 EPS consecutive 7 years above NT$10 $16.0 $16.2 $16.7 Last 3-year average $15.1 $15 $13.1 Last 10-year average $14.2 $13.3 $13.0 EPS NT$10.84 Accumulated 3Q20 $10 $9.2 $8.9 $7.5 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Slide 17: 03 Market Trend & Products
03 Market Trend & Products
Slide 18: Market Trend & Products
Market Trend & Products 2020 Nov. 20th © 2020 All Rights Reserved. TSC Printronix Auto ID. Confidential and proprietary.
Slide 19: Stronger Together
Stronger Together Post COVID-19 Business Transformation: RFID Mobile ODV
Slide 20: Revenue by Product Category
Revenue by Product Category Revenue-2020Q1-Q3 7% Desktop Industrial 33% Mobile 60%
Slide 21: Mobile Product Range
Mobile Product Range 2021 Q1 NEW 2021 Q1 NEW Enterprise Level Label Printing Existed/New Customers Total Solution 2 inches 3 inches 4 inches
Slide 22: Why RFID?
Why RFID? No Contact Fast Diverse Data Storage Security
Slide 23: TSC Printronix RFID Products
TSC Printronix RFID Products Total solutions for every application from high-volume industrial printers to enterprise-level desktop printers. • RAIN/UHF RFID • 4”, 6” Tag width • High speed encoding • Standard on-metal tags • RFID auto-calibration • Barcode verification T6000e RFID • 600 dpi high re
Slide 24: RFID Use Cases
RFID Use Cases Supply Chain & Smart Factory Logistics
Slide 25: Why ODV? (Online Data Verifier)
Why ODV? (Online Data Verifier) No Contact Eliminate Downtime Avoid High Chargeback Full Reporting Cost Savings
Slide 26: TSC Printronix ODV Solution
TSC Printronix ODV Solution The solution for unreadable barcodes is ODV, a fully integrated online barcode verifier • Fully integrated with the printer for seamless operation • Verifies and validates full suites of 1D and 2D barcodes • Grades barcodes based on ISO standards • Full label back-up and
Slide 27: ODV Use Cases
ODV Use Cases Retail Chain Stores Automotive Parts
Slide 28: Continuous Investment
Continuous Investment 1 Mobile Mobile Printer Printers RFID Printers ODV Global VAR/ISV TSC Printronix Marketing Recruitment Academy
Slide 29: Thank You
Thank You TSC Auto ID tscprinters.com | Printronix Auto ID printronixautoid.com
Slide 30: Q&A
04 Q&A
Slide 31: Thank You
Thank You TSC Auto ID tscprinters.com | Printronix Auto ID printronixautoid.com
Slide 32: Backup Materials
Backup Materials
Slide 33: Operation Results - YTD
Operation Results - YTD NT$ millions -247 (-6%) -89 -1.2 ppts $4,266 $1611 $707 21.2% 20.0% 16.6% $619 $4,019 37.8% $1421 15.4% 35.4% -$190 +$101 -2.4 ppts $802 +13% $903 YTD19 YTD20 YTD19 YTD20 YTD19 YTD20 YTD19 YTD20 Net Revenue Gross Profit OPEX Operating Income Attributed to 1H20 Pandemic Manage
TSC Auto ID Technology — Q3 2020 Earnings Presentation on 6ix